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Jan 3, 2013 4:00pm EST
160,000 with an unemployment rate of around 7.7%. >> scott brown of raymond james says the fiscal cliff concerns about hiring may have been overdone, while done mitchell of the kato institute says if the u.s. stays on its current path our economy may start to look a lot like europe. both join us now. gentlemen, good afternoon. i guess we'll start just by asking, first of all, scott, what tomorrow's payroll report may look like. >> well, i think, you know, if you look at the numbers we had today, for example, the challenger layoffs, you're still looking at a very low level of job destructions. you see that in the jobless claims as well, but over the last couple of years, job destruction really hasn't been much of a problem for the u.s. economy. really been a lack of new hiring. the adp number came in this morning pretty strong. >> right. >> not really seen as a good predictor of the official bls numbers but does suggest that, you know, there really wasn't any restraint on hiring because of fiscal cliff fears. >> yeah. dan, i heard the analogy made that we're hearding towards a euro
Dec 27, 2012 4:00pm EST
on right now according to rich mcconnell. >> what we got was a facebook post from scott brown who said he was come back to washington and jumping on an airplane to review some new proposal from the president that they expected to get. the whole afternoon has been spent by reporters trying -- trying to figure out what was going on. now harry vaed responding to mcconnell so let's right to it. >> he's upset because, quote, the phone never rang. he complains i've not delivered solutions to the fiscal cliff. he's in error. we all know that in july of this year we passed in the senate the relief that would give -- that it would give to middle class americans. that -- that passed the senate. now, we know the republicans have buried themselves in procedural roadblocks in everything we're trying to do out here and now they are saying, well, we can't do the 250 because it wasn't blue slipped, because it will be blue slipped. mr. president, how does the american people retook the that? there was a bill introduced by the ranking member of the ways and means committee in the house, sandy levin
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